EffiCity
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
EffiCity - overview
Established
2007
Location
Paris, -, France
Primary Industry
Internet
About
EffiCity is a real estate platform focused on online property estimation services, enabling swift and objective assessments of residential properties to assist homeowners and potential buyers in understanding market values. EffiCity, founded in 2007, operates from its headquarters in Paris, France. It specializes in providing online property valuation services. The company raised EUR 2 million in funding in January 2012, led by Seventure Partners and including Credit Mutuel Equity, reflecting their continued investment interest.
EffiCity has executed 5 deals to date and has not reported any significant pivots in strategy or business operations. The CEO is Christophe Du Pontavice, though no prior company formation information is accessible. EffiCity is a modern real estate platform that offers online property estimation services, allowing users to swiftly assess the value of residential properties in as little as two minutes. Utilizing a robust database with millions of real estate data points and insights from approximately 2,095 independent consultants, the platform serves homeowners looking to sell and potential buyers seeking accurate market pricing.
Additionally, it features a comprehensive property price map across various regions in France, helping users track monthly trends in property value shifts. In 2023, EffiCity reported a revenue of EUR 60,220,358. 10 and an EBITDA of EUR 2,139,031. 80.
The company generates revenue through its free online property estimation service, which attracts a large user base. While estimations do not incur charges, EffiCity operates on a commission model when independent consultants facilitate property sales, ensuring a sustainable approach to monetizing its services. EffiCity's strategy for future growth includes the development of new features and possibly expanding its service offerings, although specific new product launches or release dates have not been disclosed. The company aims to broaden its market reach within France and potentially explore opportunities in other European regions in the coming years.
The recent funding of EUR 2 million is intended to support these initiatives and enhance their market presence. The last funding round took place on January 2, 2012, highlighting ongoing investor confidence in the company's growth potential.
Current Investors
Seventure Partners, Credit Mutuel Equity, Chausson Finance
Primary Industry
Internet
Sub Industries
Web Applications, Sales & Marketing Software
Website
www.efficity.com
Verticals
Real Estate Tech
Total Amount Raised
Subscriber access only
EffiCity - timeline of key events
EffiCity - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 4,936,728.4 | 7,629,362 | 10,400,412 | 14,787,714 | 19,125,801 | 28,200,055 | - | - | - | - | - |
| % Revenue Growth (YoY) | - | 54.5% | 36.3% | 42.2% | 29.3% | 47.4% | - | - | - | - | - |
| EBITDA (USD) | (866,060.3) | (311,344) | 394,191 | (254,030) | 1,199,921 | 2,268,523 | - | - | - | - | - |
| Operating Income (USD) | (880,373.4) | (519,962) | 337,468 | (294,899) | 450,515 | 2,237,113 | - | - | - | - | - |
| Operating Margin | (17.8%) | (6.8%) | 3.2% | (2.0%) | 2.4% | 7.9% | - | - | - | - | - |
| % EBITDA Margin | (17.5%) | (4.1%) | 3.8% | (1.7%) | 6.3% | 8.0% | - | - | - | - | - |
| NET Income (USD) | (862,693.5) | (468,952) | 268,238 | (129,030) | 490,260 | 2,231,824 | - | - | - | - | - |
| % Net Margin | (17.5%) | (6.1%) | 2.6% | (0.9%) | 2.6% | 7.9% | - | - | - | - | - |
EffiCity - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.